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20121121
20121129
Search Results 0 to 19 of about 20 (some duplicates have been removed)
, tobin smith, jonas max ferris along with jim la camp and steve murphy, welcome to everybody. jim, growing union clashes with job creators, growing concerns about jobs? >> absolutely. look, every time you make it harder for an employer to hire somebody they're going to hire less people. we're already seeing it in the jobs numbers. look, obamacare has already cost a tremendous amount of jobs and since the president was reelected and it became apparent that obamacare was coming back in, we've seen the layoffs accelerate and now the unions are trying to kick businesses at a time when bunesses are hting and at a time when they're uncertain about labor costs and this is going to take full-time jobs to part-time jobs, and it's going to mean the closing of plants, and factories and already met one right here, with the hostess twinky factory. >> tobin that was 18,000 jobs, just forget about it, you look at the auto workers, the steel industry, airlines, you go down the list and unions fits for pensions and benefits, not just pay, have really taken down a lot of companies. >> well, they ha
the conversation with dana and steve. what else we got going on? >> we're going to check on global markets. we are a bit above fair value here, about 8 points. 2 on the nasdaq and the tp would open -- so would you say that's mixed, right? >> i'd say barely bunch oiged. >> what are we waiting for? >> monday for the holidays to be over. a shortened trading day. europe is down just barely. and asia, which has been trading for quite a while longer here, authorize's they're up a little bit. now let's take a look at oil. it's down a little bit. brent right around the 110 mark people have been watching. natural gas down, as well. and the ten year, my favorite gauge, 1.673. nothing's changed. the dollar, what's happening with the dollar here? 1.28. a little more strength -- not much really. >> although that's a stronger euro. big story has been the dollar-yen. some sense that there will be serious spending out of japan. finally, gold. a measure of a lot of things here. up five bucks. time for the global markets report and we have ross westgate standing by in london. any news out of mario draghi in. >>
-fire between is rainfall and hamas. steve care began streaming live too cairo with the latest developments right now. steve? >> reporter: jon, this is a key meeting between egypt's president and the chief justices in cairo. already there are hints from the president's side that compromise may be in the offing. perhaps a scaling down of that presidential decree which basically puts the president above the law and above the courts. the judges have been one of the bitterest opponents of the movement by the president. many judges across the country actually going out on strike. we may see a compromise in the meeting. appears the president underestimated the reaction to his decree. four for days in egypt we've seen protests street demonstrations and sometimes violence. in cairo at least 400 people injured in the past days of protest, one person killed and 13 offices of muslim brotherhood, 13 offices of the party that support the president have been ransacked and set on fire. if there is no compromise today there could be more trouble tomorrow. both sides, those who support the president, and th
with the government. yesterday prosecutors charged a former employee of the firm with insider trading. but steve coen is said to have personally signed off on the series of transaction. the government alleges that former s.a.c. employee helped the firm avoid losses and bring profits in totaling $276 million by using insider tips he got from a doctor about test results. prosecutors are calling this the most lucrative insider trading scheme ever. and the last time that people said well, of course we do -- what, they pay research organizations. >> expert networks and all this. >> expert networks. people that are paid to know how -- do you could even go and talk to -- i guess can you talk to some of the patients that are in the clinical trial and get some anecdotal evidence? >> you might be allowed to do that. this is different. >> this is the guy who's running it. >> and he's telling the investor what to do. the question i have -- and i've known steve coen for a long time. i have a huge amount of respect for him. >> does he know what he's getting? >> thus far they've been trying to go after steve foreve
to bailout yet another housing agency. that's what it looks like. here now is steve maister managing partner at maister selig and fine. welcome back, steve. this is the federal housing administration, right? fha. they are short, you tell me, they are short $56 billion in reserves. that's to me, puts them on the edge. bankruptcy. >> that's right. there's no question as taxpayer bailout coming here. look, the government, obama administration just loves sub prime mortgages. this whole enterprise, this fha, is really a garner to of sub prime mortgages and taxpayers are going to pay big time larry. >> as though we haven't learned anything from $140 billion bailout of fanny and freddy. correct me if i'm wrong, but 40%, roughly, 40% of the loans that they insured just under the last year or two, have been sub prime loans. they haven't learned a thing. >> they haven't learned a thing. or maybe they just don't care. but yes, you're absolutely right. 40% sub prime loans. moreover what it is, is people who have gone through one, sometimes two foreclosures, bankruptcies and have razor thin down payments
estimated at 11% of the total holiday spending. steve brown is live inside a chicago target. looks pretty calm behind you, steve, what is happening there at target? >> yeah, actually the crowd has built up here as we're been here longer, it seems like folks may have gone home and grabbed a turkey sandwich and came back out. it use thed to be that retail shopping, black friday was the super bowl of shopping days, but that's not necessarily the case. we had one regional manager here for target describing it as the beginning of the playoffs, this entire season is very important to every retailer, certainly a big one like target. there were folks lined up at midnight at stores around the country. we saw this out at macy's in new york city. with regards to projections as to how the holiday shopping season is going to go we are hearing right now there will be an increase in spending over last year but it will be a smaller increase. >> we expect sales to rise about 4% this year. it's a little bit lower than last year. you know, we really believe that consumers are feeling a lot more confident th
on corning at 7%. >> this is a stock -- everyone loves corning technologically including the late steve jobs. it's been a dog of a stock. >> goldman likes things that have exposure to men. >> foot locker and crocks come out as their buys. steve madden is a sell. i think foot locker as nike. those who want to play nike, substantial chinese business and over inventory. you want to say the best way to think about nike going over par, genuine "wall street journal" for 100 is look at foot locker and say they sell a lot of nike. >> they say we favor athletic for the stickier male customer base which sounds disgusting. >> yeah. >> the countdown to christmas marches on. did cyber-monday kill black friday this year? we'll explore that question. santelli talks to sheila bair. here what she has to say about banks, fiscal cliff and bailouts. first, the opening bell. tuesday trading action when "squawk on the street" comes back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with peop
to hand over to the dominical steve clemons, who is moderating the session. >> thank you so much. it's great to be with all of you. we have a fantastic panel. we have kazuyuki yamazaki, part of japan's ministry of foreign affairs and we have the undersecretary of defense for policy, jim miller, and then we have the editorial director of india today, and a very big star blasters program, i enjoyed our encounter last year and expects similar feistiness, m.j. akbar. finally, we have paul madison, who is commander of the navy. thank you for joining us. when i was thinking about the title today and thinking about our panel, it occurred to me and i went online to find a chinese event is being held right now. there are no canadians, japanese, americans, on this panel. we don't have any chinese today, but we should have a lot of fun discussing strategy in asia pacific region with china, but i also want to acknowledge that that voice may not be with us today, but that could be giving us room to run. i went to china and visited with the ministry of foreign affairs and i met with their director
, is the conclusion of the "lightning round." [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. scuba diving into the bsh which is rewoo doesn't po other things, no matter what happens. which isn't rocket science. it just comensense. from it. >> b. spsh duluth trading butt naked everywhere feels like. go up there at delay tlading.com. -- trading.com. >>> this market, chaotic place. i doubt things will change much over the next few weeks. now is the time to prepare for the worst. hope for the best but prepare for the worse. it's likely mark workt be go rue tlun the twruchbld or you tweet me at snornlt. >> why don't we start with@henry dll pill ar prp skb zbrrmt swrr wind stream, i'm worried about the yield there. a lot of bad nut in the last few days. there as a 00 that are better, and then park. >> spchl. >> caller: mald boo-yaks fk this was. >> at at utility call s
and a couple of love letters to me? >> okay. >> stephanie: this one from steven. someone named steve. greetings, surprising one. >> what? >> stephanie: okay. i have zero idea what you look like and was gladly surprised to see you're not a buttless old jug. at this point in my life, that passes as a compliment. >> at least you're not a buttless old jug. >> stephanie: okay. you are truly beautiful. wish your show was carried on one of the local stations in my area. good luck because there's no market for this sort of thing. not really sure what this means or whether i'm supposed to read it. please send me a picture of your scrunch. steven. >> what does that mean? >> stephanie: maybe. >> is that something you can't say on the air? >> stephanie: i don't know. some of the kids might call me. send me a picture of your scrunch. >> i think it means something filthy. >> stephanie: i've never heard that. >> i haven't either. >> stephanie: a scrunchy is a hair tie. >> he didn't say scrunchy. he said scrunch. which
communicate with strategic a fact. i think you touched, steve, on an important piece which is the superiority conflicts, if i can put it that way. china fell to they were abused by major powers through the 19th century and well into the 20th century. that has an interesting counterbalance, which as they seem to have a bit of a superiority complex about the solutions they are building about how china emerges as a global power. this containment peace is a bit of a challenge. the entire challenge their -- the chinese are making claims with respect to the sea are fairly outrageous. what they're looking for at the end of the day, i think, is respect -- respect at the table and for who they are and what they're doing. somehow we need to find the means to bring these two solitudes together. at the end of the day, any conflict, whether it is kinetic or otherwise, that affects the flow of trade through that part of the world will have an impact globally. >> it is doing it now with china and japan. you have to of the biggest economies in the world in a nightmare situation that raises the fundamental qu
it that people trust and understand i think is another threshold we have to see crossed as well. >> steve from the education industry association. i promise there's a question here, i really do. we are one of the industry groups that are here. in the early days of subsidized tutoring, therefore, we did develop -- [inaudible] school district level but that was adopted by 28 schools, states. so that was the first step in trying to get the industry together on helping drive policy. two years ago, jim, you and i have a sidebar over here very much about the whole issue of performance contracting really, context of scs. we sort of made some back and forth they be steps and talking about that. my site, the industry was a little gun shy quite frankly because they thought that there was a breakdown in trust of the lower level. it would never be fair i guess. so here's the question. so, in an era of the wafers were really the policymaking seems to have shifted to say, state capitals around the u.s., have we missed the boat? if industry got together and said okay, let's get real serious about some of the
after this. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba divi the great barrier reefith sharks, or jumping into the marke he goes witpeople he trusts which is why he tde with a company that doesn't nickel and dime him with hidden fees. socan worry about other things, like what the market is doing andeing ready, no matter what happens, which isn't rocket scice. it's just common sense, from td ameritrade. >> i'm adam shapiro with the dow reversed its triple digit fall and went positive following optimistic comments from both president obama and house speaker john boehner. on the fiscal cliff negotiations. >>> allstate says superstorm sandy will cost it more than one billion dollars. the insurance company says 2/3 of the losses are in new york state, with the rest in new jersey and other states. sandy is expected to be the second most expensive disaster in u.s. history behind hurricane katrina. allstate is the largest publicly-traded home and auto insurer in the united states. >>> your holiday travel plans will cost you more this year. travel
big tests on the world stage. steve harrigan is live in cairo with more. has egypt's role as mediator changed the perception that that country's first islamist leader mohammed morsi was having in. >> gregg, it's pretty rare in this conflict for someone to receive praise from all sides. that's what is happening for now with egypt's president more ham eud morsi receiving high marks for his role as mediator from hamas, from israel. he's a longtime member of the muslim brotherhood an open sympathizer of hamas, which we consider to be a terrorist group. they are siting his role as one as pragmatic leadership. gregg: what is going to make this cease-fire hold. >> i think in the short term it's going to be border management. they have to troel their border with gaza. being able at the same time letting more people and goods in and out and to keep weapons out of qaddhafi a. that will be the real concern, whether they are able to pull that off. in the longer term it's a real balancing act for mr. morsi. here on the streets he has a population strongly in support of the palestinians but he's go
of years, you had michelangelo and then you fast forward several centuries and you have steve jobs and bill gates, who built the computer. with computing technology and science and art, the sky is the limit. with chemistry, you start with the white canvas and bland art and design with practical use. host: you have a project that was used in the sandy effort. how does that relate? guest: just as facebook brought to light the concept of social networking, everyone of us has a mobile phone. it enables organizations and companies to leverage the crowd of people i am calling everyone -- by empower when everyone -- by empowering everyone with a mobile phone. in real time, his pictures can send the exact location back to a server with a map on it. the picture and the math -- the picture is over late in real time. it enabled decision makers to make meaningful decisions in real time. host: jon iadonisi is the founder of the white canvas group. is a former naval seal. caller: i would like to ask your guests to comment on the recent theft of three-4 million tax record by international hackers. the bla
on them and they are well prepared to handle this and founder of the firm, steve cohen, is personally responsible for this. cohen said he was present at the beginning of the call and turned it over to his president and said we take these matters seriously and i'm confident that i acted appropriately. nonetheless, you guys, this is definitely a difficult chapter for them because you have a situation in which cohen has been implicated in the events with former trader mathew martoma because he partook in discussions but now the firm they founded in 1992 may be charged on a corporate level. >> kate, you know, another firm -- i think this could be in some ways we've seen it almost a death blow. outside investors even just with the wells notice can often times pull their money. as we pointed out many times, $9 billion of what i've told is 15 billion overall in assets at s.a.c. is either mr. cohen or that of his employees. even if you were to pull out, it remains a huge hedge fund. their investor base is toughened at this point as well. >> those are fair points. there seems to be a growing l
point that steve rattner made over the weekend which is all the guys and the women i know on wall street, none of them have ever become less energetic, less workaholics because of the capital gains rate at 25%. >> or 39.6%. >> hey, can i ask you about that, because -- help me understand this. we have a lot of people talking about how we need to 0 raise more taxes. >> sure. >> and i hear -- i hear the president talking about moving the top tax rate up to 39.6%. and i'm just wondering, is that as equitable an approach when a lot of really rich guys and women look at that 39.6%? right now i'm never going to pay that. >> yeah. >> would it be better to raise the capital-gains tax and say 15 to 20 or 15 to 25 percent would that help with income disparity a bit more? >> well, that's why i suggest a minimum tax, because you're absolutely right. of the 400 highest incomes in 2009, which average $200 million apiece, a quarter of the people paid at a rate under you 15%. so the only way to get it back is to have a minimum tax. >> how many of those would you bet, if you had to make a bet, paid 39.6%?
, 2012. i hereby appoint the honorable steve womack to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: the prayer will be offered by our chaplain, father conroy. chaplain conroy: let us pray. gracious god, we give you thanks for giving us another day. you have blessed us with all good gifts and this past week with grateful hearts we gathered with family and loved ones throughout this great land to celebrate our blessings together. bless the newly elected members of the 113th copping who resume their orientation on capitol hill. give them call and confidence as they prepare for a new role as servants of our nation's citizens. bless the members of the people's house who have been entrusted with the privilege to serve our nation, all americans in their need. grant them to work together in respect and affection and to be faithful in the responsibilities they have been given. at the end of the 112th congress approaches and much is left to be done, bestow upon them all the gifts of wisdom and discernment that
Search Results 0 to 19 of about 20 (some duplicates have been removed)